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Gabon Opens 42 Offshore Oil Blocks to Exploration

Source: Reuters 3/12/2010, Location: Africa

Gabon, Africa's seventh largest oil producer, is offering 42 additional offshore deepwater and ultra-deepwater oil blocks for exploration, the government.

The West African nation, which currently produces roughly 250,000 barrels of crude oil per day and relies on energy for about half of its gross domestic product, is seeking bids from international firms by May 5, it said.

The country will engage in a marketing plan for the Gabonese oil sector in the financial centers of Paris, Houston, Singapore, London and the Canadian city of Calgary, government spokesman said.

Gabon's oil sector, one of the continent's most mature and already home to several international oil companies including France's Total, has been in decline since the late 1990s when output was over 350,000 bpd.

Exploration News in Gabon >>

Norway >>  2/18/2019 - Wintershall Norge A/S, operator of production licence 847, has concluded the drilling of wildcat well 6706/6-2 S. The well was drilled about 60 kilom...
United States >>  2/18/2019 - 88 Energy has advised that the Winx-1 well, North Slope of Alaska, spudded on schedule on Feb 15 (AK time). The well was drilled to 600 ft prior to pu...

Norway >>  2/15/2019 - Equinor Energy AS, operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S. The well was drilled in the northern ...
Norway >>  2/15/2019 - Wellesley Petroleum AS, operator of production licence 931, has completed the drilling of wildcat well 35/4-2. The well was drilled about 33 kilometr...

United States >>  2/15/2019 - 88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. ...
South Africa >>  2/8/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, notes the announcement dated 7 February 2019 from Total S.A. ("Total...

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